19.6 C
Friday, March 5, 2021
Home Business Page 204


Business news highlights

NTSA Bid To Phase-out 14 Seater Vehicles Blocked

High Court Justice Weldon Korir has ruled against a decision by NTSA to phase out 14 seater vehicles, declaring the decision illegal and unconstitutional....

KRA starts tax returns audit to nail cheats

The Kenya Revenue Authority (KRA) is reviewing firms’ and workers’ annual income tax returns for unpaid duty, stepping up a crackdown that could see...

Upgrade of Kisumu old rail line starts on Aug 1

Kenya Railways will in the next two weeks start the upgrade of the old track from Nakuru to Kisumu after dropping the use of...

City Hall revenue falls Sh637m on Covid-19

City Hall’s own-source revenue for the three months to June fell 50 percent to Sh1.369 billion due to slowed business activities attributed to restrictions...

EU targets youth, women with Sh5bn agribusiness project

The European Union (EU) has unveiled a Sh5.1 billion programme to assist Kenyan agricultural ventures access training on innovations and entrepreneurship. Under the deal, 200...

Hospitality industry slowly coming back to life as Kenyans gear up for holidays

Hotels at the coast have started recording bookings for August holiday after re-opening a week after the cessation of movement was lifted granting entry...

Relief for jobseekers as HELB waives Sh1,000 certificate fee for non-beneficiaries

The Higher Education Loans Board (HELB) has waived the Sh1,000 fee previously charged to non-beneficiaries to acquire a Compliance Certificate. Chief Executive Officer (CEO), Charles...

300,000 may drop out as private institutions risk closure

More than 300,000 learners are likely to miss classes when the academic year begins as private schools hard-hit by the Covid-19 pandemic may remain...